At the backlink I gave a count and the count is still potentially valid but because of the recent action I'm going to change my top count to this being black 2 below. This WC bounce to the 50 fib is just a bit coincidental for me to buy that the trend is now up. So I have to model one more wave down (at least) at this point. A move as shown would fill the gap of Oct 2015. Time to short this pig for a 18-20% gain IMO.
Tuesday, February 16, 2016
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